Does Your Business Need to Lease New Or Used Photography Equipment?
Photography Equipment leasing for cameras, lighting equipment, photo processing equipment, and so on is available through our lease partners.
Here are a few things to keep in mind for this type of asset.
First, the individual item or items should have a minimum value of $1,500 per item to be considered by a commercial equipment lease financing program. Amounts smaller than this will not likely quality as they don’t provide much security value to the leasing company.
Second, for start up businesses, as long as the requested amount is under $25,000, the applicant has good credit, a business plan showing how the lease will be repaid, a registered business name, and up to 30% available as a down payment, there is a good chance that lease financing can be arranged.
Third, the equipment should be purchased from a licensed vendor, in the country in which your business is located. Unless the purchase is for an amount over $50,000, its unlikely a leasing company will want to go through the administration process required for a cross border transaction on a small amount of equipment financing.
Fourth, used photography equipment can be lease financed, but this will likely only work for higher value pieces of equipment with strong manufacturing brands that have a significant remaining useful life. Refurbished equipment can also be considered for financing provided once again that the brand and remaining useful life is strong.
Get Photography Equipment Leasing That Meets Your Business Needs
If you have a photography equipment leasing need, we suggest that you give us a call so we can go through your requirements with you. If it looks like you could qualify for financing, based on your financing profile and the asset or assets you want to acquire, we will send you an application form with a list of supporting documentation that would be required for review by one of our leasing partners.
For amounts under $25,000, some lease approvals can be obtained in less than one day from the time the application is submitted. For more involved requests, the process can take 2 to 5 business days.
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Photography Leasing Needs.